18 hours on Rocket
$6,708 Closing Credit¹
#6697283, Listing Office: JPW Realty
Big Lake Housing Market Report March 2025•Sherburne County, Minnesota
Housing Prices in Big Lake, MN
How much do homes in Big Lake, MN cost?
Housing Market Conditions
Is Big Lake, MN a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Big Lake is a Seller's Market
Difference Since March 2024
Since last year, Big Lake has remained a Seller's Market.
Insight
Big Lake is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$354,000$188/SqFt
+$9,000
+2.6%
Based on all homes sold in the last 12 months
Insight
Homes in Big Lake have sold for 2.6% more than they did a year ago.
Summary: The median home sold price in Big Lake was $354,000 in March 2025, up 2.6% from last year, and the median price per square foot was $188.
Median Sold Price By Cities
| City | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| Big Lake Township | $349.9K | $360K | +2.9% |
| Big Lake | $345K | $354K | +2.6% |
Median Sold Price By Bedrooms
| Beds | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $160.8K | $196.5K | +22.2% |
| 22 Bedrooms | $301K | $301K | 0.0% |
| 33 Bedrooms | $345K | $350K | +1.4% |
| 44 Bedrooms | $365K | $372.5K | +2.1% |
| 55+ Bedrooms | $375K | $490K | +30.7% |
Summary: Big Lake housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes increased by +22.2%. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes increased by +1.4%. The home price for 4 bedroom homes increased by +2.1%. The home price for 5 bedroom homes increased by +30.7%.
How does Big Lake, MN compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Big Lake, MN
Housing supply in Big Lake, MN
How many homes are available in Big Lake, MN?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 85Last MonthMar 2025 | ||
| 692 months agoFeb 2025 | +23.2 % Change MoMFeb – Mar |
Summary: The Big Lake real estate market had 85 homes for sale in Mar 2025, a 23.2 % increase compared to Feb 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 15Last MonthMar 2025 | ||
| 122 months agoFeb 2025 | +25.0 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 0 | -100.0% |
| 22 Bedrooms | 9 | 8 | -11.1% |
| 33 Bedrooms | 24 | 30 | +25.0% |
| 44 Bedrooms | 24 | 32 | +33.3% |
| 55+ Bedrooms | 11 | 15 | +36.4% |
Summary: Big Lake housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -100.0%. The inventory for 2 bedroom homes decreased by -11.1%. The inventory for 3 bedroom homes increased by +25.0%. The inventory for 4 bedroom homes increased by +33.3%. The inventory for 5 bedroom homes increased by +36.4%.
Asking Price vs. Sold Price
How much do homes in Big Lake, MN cost?
Over Asking Price3 Homes
At Asking Price4 Homes
Under Asking Price8 Homes
Insight
If you're buying a home in Big Lake, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Big Lake in March 2025, up by 25.0% month-over-month. Of the 15 sold homes, 53% were sold under asking, 27% were sold at asking, and and 20% were sold over asking.
Days on Market for Big Lake, MN
How long does it take to sell a home in Big Lake, MN?
Breakdown of Home Sale Times
Under 30 Days5 Homes
30 – 90 Days6 Homes
Over 90 Days4 Homes
Insight
Avg time on Rocket Homes in Big Lake has remained consistent over time.
Summary: During March 2025, 15 homes were sold in Big Lake; 33% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 62 DaysThis YearMar 2025 | ||
| 25 Days1 year agoMar 2024 | +140.6 % Change YoYMar 2024 – Mar 2025 |
Summary: Homes in Big Lake had an average listing age of 62 days in Mar 2025, up by 140.6% compared to the previous year.
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Newest Listings in Big Lake, MN
What homes are available in Big Lake, MN?
Coming soon
$5,047 Closing Credit¹
#6687135, Listing Office: RE/MAX Results
1 day on Rocket
#6694544, Listing Office: Coldwell Banker Realty
1 day on Rocket
$10,000 Closing Credit¹
#6696989, Listing Office: Fish MLS Realty
1 day on Rocket
$3,561 Closing Credit¹
#6694402, Listing Office: RE/MAX Results
2 days on Rocket
$2,708 Closing Credit¹
#6696637, Listing Office: Countryside Realty
4 days on Rocket
$4,750 Closing Credit¹
#6685162, Listing Office: EXIT Realty Nexus
7 days on Rocket
$10,000 Closing Credit¹
#6687799, Listing Office: Haller Realty Inc.
7 days on Rocket
$3,561 Closing Credit¹
#6693346, Listing Office: RE/MAX Results
$4,155 Closing Credit¹
#6691923, Listing Office: RE/MAX Advantage Plus
#6691177, Listing Office: Cedardale Realty, Inc.
$8,609 Closing Credit¹
#6690619, Listing Office: Edina Realty, Inc.
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Based on information from NorthStar of Minnesota / Regional Multiple Listing Service of Minnesota Inc., for the period 04/01/2023 - 04/01/2025
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Last updated on: 4/5/2025, 12:52:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.